> ## Documentation Index
> Fetch the complete documentation index at: https://developers.uqpay.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Named PoBo v.s. Non-Named PoBo; Named CoBo v.s. Non-Named CoBo

## 1. Named PoBo (Named Pay on Behalf of)

* Definition: The owner of the payment account matches the name of the actual payer, but the payment is executed by a third party (e.g., a payment institution or financial service provider).
* Characteristics:
  * The payer’s identity is clear and displayed in the payment transaction.
  * Suitable for corporate or institutional fund management, such as a company paying suppliers through a financial agent, with the payment account still reflecting the company’s name.
* Use Cases:
  * Multinational companies paying expenses for subsidiaries (the account still shows the subsidiary’s name).
  * Payments completed via the company’s own payment account, but executed through a third-party channel.

## 2. Non-Named PoBo (Non-Named Pay on Behalf of)

* Definition: The owner of the payment account does not match the name of the actual payer, with a third-party payment institution making the payment, and the payment account not displaying the actual payer’s name.
* Characteristics:
  * The account name displayed in the payment transaction is not the final payer but rather the payment institution or intermediary account.
  * Suitable for scenarios where payment service providers make payments on behalf of multiple clients.
* Use Cases:
  * E-wallets or payment institutions using their own accounts to pay suppliers or employee salaries on behalf of users.
  * E-commerce platforms making payments for multiple merchants, with the payer displayed as the platform’s name.

## 3. Named CoBo (Named Collect on Behalf of)

* Definition: The owner of the receiving account matches the name of the actual recipient, but the collection is handled by a third party (e.g., a payment institution or financial service provider).
* Characteristics:
  * The recipient’s identity is clear, and funds are ultimately credited to the named account.
  * Suitable for corporate or institutional fund consolidation, such as a parent company collecting funds on behalf of a subsidiary.
* Use Cases:
  * Subsidiaries receiving payments through the parent company’s account, with funds ultimately belonging to the subsidiary.
  * E-commerce platforms collecting payments for merchants, with funds ultimately settled to the merchants’ own accounts.

## 4. Non-Named CoBo (Non-Named Collect on Behalf of)

* Definition: The owner of the receiving account does not match the name of the actual recipient, with a third-party collection institution handling the receipt, and the receiving account displaying the name of the payment platform or intermediary rather than the final recipient.
* Characteristics:
  * The receiving account’s name differs from the final recipient of the funds.
  * Funds may pass through the payment institution before being settled to the final recipient.
* Use Cases:
  * E-commerce platforms uniformly collecting payments from consumers, then settling funds to individual merchants (consumers see the platform as the recipient, not the specific merchant).
  * Agents collecting payments on behalf of suppliers, then distributing funds to the suppliers.

## Summary Comparison

| Type           | Payment Account = Actual Payer? | Receiving Account = Actual Recipient? | Applicable Scenarios                                                     |
| -------------- | ------------------------------- | ------------------------------------- | ------------------------------------------------------------------------ |
| Named PoBo     | ✅YES                            |                                       | Companies paying through a third party but in their own name             |
| Non-Named PoBo | ❌No                             |                                       | Payment institutions paying on behalf, with their own name displayed     |
| Named CoBo     |                                 | ✅YES                                  | Companies collecting through a third party but in their own name         |
| Non-Named CoBo |                                 | ❌No                                   | Payment institutions collecting on behalf, with their own name displayed |